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20121121
20121129
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Search Results 0 to 14 of about 15 (some duplicates have been removed)
PBS
Nov 28, 2012 6:30pm PST
the president and lawmakers, urging them to compromise on the fiscal cliff. we speak to honeywell's david cote. >> tom: i'm tom hudson. automakers go green. general motors' unveils its newest all-electric chevy spark. >> susie: and what would you do if you won powerball? some advice tonight on how to handle winning $550 million. >> tom: that and more tonight on "n.b.r." >> susie: a parade of business leaders in washington today to persuade president obama and congress to avoid the fiscal cliff. with just 33 days left to nail down a deal, c.e.o.s made the rounds to explain to lawmakers that because of cliff gridlock, they're holding back on hiring and spending. as darren gersh reports, c.e.o.s weren't the only ones campaigning hard today. >> reporter: the president and republicans focused today on staging events designed to pressure the other side. the president called on americans to tweet, facebook and call members of congress to tell them to pass tax cuts for everyone making less that $250,000 a year. >> 97% of small businesses would not see their income tax go up by a single dime
PBS
Nov 20, 2012 6:30pm PST
reserve chairman ben bernanke warns congress to avoid the fiscal cliff, saying even the federal reserve doesn't have the tools to deal with the consequences. >> tom: i'm tom hudson. this man has many lawmakers pledging never to vote for higher taxes. find out what grover norquist thinks will happen with the fiscal cliff. >> susie: and hewlett packard stuns investors with news of an $9 billion mistake. >> tom: that and more tonight on nbr! >> susie: federal reserve chairman ben bernanke came to new york city today to send a tough message back to washington-- get your act together. he urged lawmakers and the white house to reach a quick deal to avoid the fiscal cliff, saying it might mean next year could be "a very good one for the economy." ben bernanke didn't endorse any specific tax or spending policies to solve the fiscal cliff, but he urged lawmakers to think creatively. he said an agreement on ways to reduce long-term federal budget deficits could remove road blocks to growth. on the other hand, going over the cliff might mean a recession. on top of that, worries about a deal were a
PBS
Nov 22, 2012 6:30pm PST
ben bernanke who first called it a fiscal cliff. he described the coming automatic cuts in government spending and increases in taxes as, quote, "a massive fiscal cliff," end quote. here's what he was describing: on january 1, 2013, tax breaks worth $416 billion will expire. spending on things like defense, medicare payments to doctors will be slashed by $65 billion. add it all up and you are talking about cutting roughly half a trillion dollars from the federal budget. the congressional budget office and others warn going over the cliff will send the economy into a recession in the first half of next year. it was congress and the white house that set the deadline in hopes of forcing each other to cut the federal budget deficit and begin to address the growing national debt. of the half trillion dollars the fiscal cliff is designed to cut in red ink next year, 80% of it comes in the form of higher taxes. under current law, 20% comes from lowering government spending. this is just the first step as part of a $7 trillion effort to cut the debt over the next decade. that has led some to
PBS
Nov 27, 2012 6:30pm PST
were more concerned about the debt problems in europe and the fiscal cliff crisis here in the u.s. stocks fell late today after senate majority leader harry reid said lawmakers are making little progress in resolving the stand-off over tax increases and spending cuts. the dow fell 89 points, the nasdaq lost nine, the s&p 500 down seven. >> tom: as susie mentioned, talks to resolve the fiscal cliff are moving slowly. one reason is that there is deep disagreement over whether entitlement programs like social security and medicare should be on the table right now or not, and the disagreement is sharpest over social security. darren gersh takes a look at why. >> reporter: the number-two man in the senate democratic leadership argues any fix for social security's finances should come after the immediate challenge is out of the way. >> i think we should take social security off the table for the current fiscal cliff and deficit discussion, but be very honest about what we're going to achieve in the near term. >> reporter: republicans pushed back, arguing social security is part of the d
PBS
Nov 21, 2012 6:30pm PST
we go over the fiscal cliff will hit investors. we ask the c.e.o. of utility next era energy lew hay about higher taxes on dividends and stock gains. >> susie: that and more tonight on "n.b.r."! black friday comes early this year. all across the country americans are already lining up outside stores, camping out for the earlier-than-ever start to the holiday shopping season. scenes like this are popping up in shopping mall parking lots. these tents are pitched outside a best buy in tampa, florida, where shoppers are hoping to get the early-bird holiday specials. with big retail chains opening their doors for black friday, on thursday night, there are complaints about companies putting commerce ahead of family time. walmart has been threatened with protests by its employees. the company filed a complaint with the national labor relations board hoping to stop the demonstrations, but the board won't rule on it before tomorrow. diane eastabrook looks at the personal price of thanksgiving day store hours. >> reporter: this is the calm before the storm at a chicago toys r us. manager danny
PBS
Nov 29, 2012 12:00am PST
-discussed fiscal cliff. but as november wound down, the president suggested an agreement on taxes and spending could come in time for the holidays. >> i believe that both parties can agree on a frame work that does that in the coming weeks. in fact my hope is to get this done before christmas. >> you know me, i was born with the glass half full. i'm an optimist. >> brown: hopeful signs emanated from the white house and the capitol today, about getting a deal before the new year brings automatic tax hikes and spending cuts. president obama offered his optimism at an event with middle-class americans who'd be hit by any tax increase. >> i'm glad to see-- if you've been reading the papers lately-- - that more and more republicans in congress seem to be agreeing with this idea that we should have a balanced approach. so if both parties agree we should not raise taxes on middle class families, let's begin our work with where we agree. >> brown: one such lawmaker is republican house member tom cole of oklahoma. the journal "politico" reported he's urging colleagues to extend middle clas
PBS
Nov 23, 2012 6:30pm PST
plans in case lawmakers and washington aren't able to avert the fiscal cliff? >> we need to respond to this fiscal cliff. i can't tell them how they should do it. that's their expertise but they have to figure out the details and we need to resolve this subject and give america confidence that our political leaders can work together and i honestly believe that that will happen. >> reporter: when you reported third quarter results earlier this month you said you didn't have enough clarity on the impact of superstorm sandy. do you have more clarity now? >> i do have clarity on sandy and frankly it's devastating. particularly on individuals. we had 200 of our stores closed for the first three days of the november period and then many more were closed after that because we didn't have power. we definitely were impacted in a major way at our company. >> reporter: for the current quarter you expect to fall short of wall street forecasts by at least five cents. are you still comfortable with those expectations? >> we try to guide honestly and if we're able to exceed that number that's alwa
PBS
Nov 26, 2012 6:30pm PST
the fiscal cliff could cost the economy, the equivalent of four times what shoppers spent over black friday weekend. >> tom: i'm tom hudson. it's cyber monday, and shoppers are online, and spending; they'll shell out an estimated $1.5 billion online today. >> susie: and change comes to the nation's top securities regulator: mary schapiro is stepping down. we look at what's next for the securities and exchange commission, and its new leader. >> tom: that and more tonight on "n.b.r."! >> susie: americans were back at work today after a long holiday weekend, but returned to the same worries about the fiscal cliff. and a new report from the white house added to the worries, showing that unless there's a deal on solving the crisis, the u.s. economy would suffer big time. the obama administration's economists estimate consumers would spend about $200 billion less next year than they would have otherwise. congress and the administration have only a few more weeks to nail down a deal. but that deal will have to address some tough issues, including entitlement reform. darren gersh explains. >
PBS
Nov 28, 2012 12:00am PST
the so-called fiscal cliff from representatives tom price and keith ellison. >> brown: then, president obama sat down with mexico's president-elect, enrique pena nieto, this afternoon. one topic for them and for us tonight: the war on drugs, on both sides of the border. >> suarez: as lawmakers talk of reducing the country's debt, paul solman offers a history lesson on centuries of federal borrowing. >> the united states was going into default. we defaulted on many obligations to foreign creditors and to our own soldiers. >> brown: plus, every month, 1,000 young americans are infected with h.i.v., and most of those with the disease don't even know they have it. hari sreenivasan looks at a new report from the c.d.c. that's all ahead on tonight's newshour. major funding for the pbs newshour has been provided by: moving our economy for 160 years. bnsf, the engine that connects us. and by the alfred p. sloan foundation. supporting science, technology, and improved economic performance and financial literacy in the 21st century. and with the ongoing support of these institutions a
PBS
Nov 24, 2012 12:00am PST
success. i do think i can offer those insights. >> woodruff: when you talk about the fiscal cliff are the deadline is supposed to be january 1, but you've been out there talking about what can be done about that. among other things, you're saying taxes should go-- in other words, the bush tax cuts should be allowed to expire on everyone under $500,000. which is more than what the president is saying. he's saying it ought to be at 250. yet difference? and have you tukd him about that? >> sure, yeah, yeah, it was over 500, not under 500. yeah, i-- that position, judy, is one that i put on the table a year ago. and i'll tell you why. there isn't anything sort of theological about the $500,000 number. it's just a compromise. the democrats' position has been tax cuts to expire over 250. the republicans' position has been make all the tax cuts permanent. so a year ago i put a of a compromise on the table. if that compromise were accepted, it would raise $500 billion in revenue over the next 10 years, which would take the potential trillion-dollar sequester and cut it in half. and there arar
PBS
Nov 27, 2012 12:00am PST
more worried about things like the fiscal cliff, they're more worried about the troubles in europe, they're more worried about the slowdown in china. you do have the disconnect. the big concern is which way is it going to go? who is going to win this tug-of-war? so far it's the consumer but let's hope it's not the other direction because as i said, let's hope that the businesses will eventually come around to thinking about things the way consumers are. . >> brown: nancy cohen, i want to come back to you on the question of online shopping and the changed landscape. does the rise of online shopping have a real impact on the economy or is it sort of shifting, transferring, where people buy their things? >> well, that's a very open question, partly because this is so new. the marriage and the magic of online plus brickes and mortar. i mean, there's no question people are visiting online web sites more often than they do stores. whether that adds up to incremental organic growth is a question we just don't know. remember, we're starting with all online sales from a much, much lower bas
PBS
Nov 21, 2012 1:00am PST
the fiscal cliff. i have to go to a fund-raiser. i have to raise tens of thousands of dollars every day to have enough money to compete with these super packs and it would be nice if i could find a billionaire that would help me with my own super pac and that means i have to be nice to billionaires who unwant to find the funding for my campaign and hope they'll do a super pac. so you've raised the financial pressure where we would like them to be focused on instead of their next campaign. >> trevor potter, thank you for joining us. >> thank you. i axe appreciate it. ♪ ♪ >>> that's it for this week. go to billmoiers.com for league to the sun light foundation and other citizens groups pushing back against the spreading slime of money. and don't miss our special video report from nearby coney island that explores first hand how occupy sandy and the group boomboo people's relief are helping the hardest hit and most vulnerable. that's all from bill moyers.com. i'm bill moyers. ♪ ♪ ♪ ♪ ♪ -- captions by vitac -- www.vitac.com ♪ ♪ ♪ don't wait a week to get more moyers.
PBS
Nov 21, 2012 12:00am PST
. so when they come to a fiscal cliff negotiation, they're saying why should we compromise when you attacked us on the paul ryan budget and we're still standing? voters voted for us. so i think it's less likely we're going to see kind of a grand compromise because both sides are very entrenched. >> woodruff: even with that small pick-up of democrats in the house and even though the presidential vote was bigger than the overall house republican vote? >> right. i mean that's... both camps, you know,. >> woodruff: we'll have an argument. >> i think when it comes to the .. there's all sorts of discussion on the fiscal cliff. president obama and speaker boehner are probably more willing to compromise, but their caucuses and their parties are very entrenched. i don't think we know what's going to happen out of this. >> woodruff: we certainly don't. nathan gonzales of the rothenberg political report, thank you for coming back to talk to us. >> thank you so much. >> brown: now that new york and new jersey have been hit by two destructive storms in less than two years, there's new urgency to
PBS
Nov 23, 2012 12:00am PST
fiscal cliff, the automatic tax riders and spending cuts are unnerving people a little bit. and also we don't know how much people have been biging into their savings earlier in the year. so in spite of positive economic news, people are still going to be cautious and that's going to mean a little bit of growth but not a huge amount. >> sreenivasan: barney jopson of the financial times, thanks for your time. >> thank you. >> sreenivasan: thanksgiving is a time to remember native american life and culture. and that was the life's work of edward curtis, a turn of the century photographer. his story is told in a new biography, "short nights of the shadow catcher" by journalist and author timothy egan, a previous winner of both the pulitzer prize and national book award. jeffrey brown has our book conversation. >> brown: in 1896 edward curtis took this photograph of a woman known as "princess angeline," the last surviving child of the native-american chief for whom the city of seattle was named. it was the first in what would become a decades-long project. one of the most ambitious in ameri
Search Results 0 to 14 of about 15 (some duplicates have been removed)